Market Pulse Archives

Jan. 12, 2022, 1:07 p.m. EST

Raymond James CEO gets a 12% boost in total 2021 compensation to $13.9 million

Watchlist Relevance

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Raymond James Financial Inc. (RJF)
  • X
    Financial Select Sector SPDR ETF (XLF)
  • X
    S&P 500 Index (SPX)

or Cancel Already have a watchlist? Log In

By Tomi Kilgore

Raymond James Financial Inc. /zigman2/quotes/201697413/composite RJF -4.97% disclosed Wednesday its proxy statement covering fiscal 2021, showing that Chief Executive Paul Reilly got a near $1.5 billion boost to total compensation following a record year financially for the financial services company. Reilly's total compensation increased to $13.91 million in fiscal 2021, which ended September, from $12.45 million a year ago. Reilly's base salary was unchanged at $500,000, but his bonus increased to $7.10 million from $4.70 million, to offset a decline in stock awards to $5.93 million from $6.98 million. While his total compensation increased 11.7% last year, the median total compensation for all of Raymond James' other employees rose 12.7% to $106,782, to bring the CEO pay ratio down to 130 to 1 from 131 to 1 in fiscal 2020. That comes after the company recorded 22% growth in revenue to a record $9.76 billion in fiscal 2021 while net income jumped 72% to $1.40 billion. Raymond James stock, which rose 0.7% in afternoon trading, has soared 58.9% over the past 12 months, while the SPDR Financial Select Sector ETF /zigman2/quotes/209660484/composite XLF -2.69% has climbed 32.0% and the S&P 500 /zigman2/quotes/210599714/realtime SPX -4.04% has advanced 24.5%.

$ 92.10
-4.82 -4.97%
Volume: 878,023
May 18, 2022 4:00p
P/E Ratio
Dividend Yield
Market Cap
$20.18 billion
Rev. per Employee
US : U.S.: NYSE Arca
$ 33.22
-0.92 -2.69%
Volume: 63.14M
May 18, 2022 4:00p
-165.17 -4.04%
Volume: 2.68B
May 18, 2022 4:08p

This Story has 0 Comments
Be the first to comment
More News In

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.